Shenzhen Frd Science&Technology Co.,Ltd. Posted 27.6 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Frd Science&Technology Co.,Ltd. (深圳市飞荣达科技股份有限公司) (300602.SZ) reported a net loss of 27.6 million yuan in the first quarter of 2023, widening 10.8% year-on-year.

Meanwhile, the company posted 773.2 million yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.1%.